'Using IP as collateral for financing requires awareness, strategic guidelines'
Dhaka, April 23 -- Using intellectual property (IP) like patent, trademark or industrial design as collateral to get bank loans opens a window of opportunity for women entrepreneurs in the country.
To tap the opportunity, women entrepreneurs and traders need to be aware of the IP protection of their products. At the same time, policymakers need to provide necessary policy and infrastructure support.
Women business leaders and experts at a panel discussion on 'Women Entrepreneurship and IP in Bangladesh: Challenges and Way Forward' in Dhaka on Tuesday made these observations.
"As financing is always a barrier to women entrepreneurs in the country, the legal provision to use IP as collateral to secure bank financing can be a solution to ...
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